Recession Fears Mount as Treasury Yields Surge, Bitcoin and Crypto Face Resistance but Institutions Show Growing Interest

United States 10-year Treasury yields have surged, signaling recession warning according to some analysts.

Bitcoin rose above $28k but faced rejection, needs to break overhead resistance.

Ethereum oscillating between $1,531 to $1,746, needs to clear $1,746 to start uptrend.

Altcoins like BNB, XRP, SOL, ADA showing signs of potential breakouts but facing resistance levels.

Macro environment uncertain, but institutional investors seem to be warming up to crypto according to CoinShares report.